Articles tagged “covid-19”

Mergers and acquisitions are sexy for shareholders, analysts and the press. Booking CEO Fogel knows, though, that sometimes the best decision is not overpaying and walking away from that shiny object.

Skift coined the term "permanxiety" in 2017 to describe how social, political, and climate turmoil is coloring consumer expectations, including for travel. Permanxiety has only been compounded since on the heels of war and a pandemic. Travel companies need to make sure newly upbeat services and messages aren't out of sync with the gloomy mood music in many travelers' heads.

A pioneering female-focused private equity fund has backed a management buyout at Johannesburg's Club Travel Corporate, and it’s a sign of more things to come across Africa, according to its CEO.

The civil unrest has delivered a serious blow to the recovery of Peru's tourism sector. Tourism officials need to counter the negative publicity — especially around Machu Picchu — to reassure aspiring tourists of the country's safety. They also need to nudge government officials to resolve the crisis.

Digital tools versus the human side of hospitality. Overtourism versus local control. It's impressive how many issues like these were pivotal a decade ago and remain so.

An ever-growing roster of countries placing new testing requirements on Chinese travelers is sparking an outcry, particularly across Europe, but any calls to scale back pre-departure requirements will likely fall on deaf ears.

The year 2022 has been a contrast between massive pent-up demand and revenge travel on the one hand, and worries about rising prices, growing inflation, and a possible recession on the other.

Thanks to China's strict zero-Covid policy, the global tourism industry made due without the world's largest outbound tourism market. Given how painstakingly slow the country has been to relax restrictions, tourism businesses would be wise to have learned their lessons about depending on the Chinese market even if it fully reopens in 2023.

Business travelers went quickly from a fear of catching Covid-19 in 2021 to feeling utterly miserable in 2022 when faced with the daunting prospect of having to fly, such was the chaos across airports in Europe and the U.S. This year, caution prevailed.

Having your top executives jailed is one thing. But as that issue recedes, Lastminute.com needs to deal with its under-performance issues and execute on strategy shifts.